Qatar decided that freight was too important to rent. Nakilat's fleet of Q-Max and Q-Flex giants turned a volatile cost line into owned infrastructure — and locked up shipyard capacity rivals now need.

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Qatar decided that freight was too important to rent. Nakilat's fleet of Q-Max and Q-Flex giants turned a volatile cost line into owned infrastructure — and locked up shipyard capacity rivals now need.
📢 فرص عمل مذهلة مع NAKILAT في قطر! 🏢👩💼
هل تبحث عن فرصة عمل جديدة في قطر؟ تقدم شركة NAKILAT وظائف رائعة للقطريين والوافدين، براتب يصل إلى 22,000 ريال قطري! هذه فرصة مميزة للانضمام إلى فريق عمل محترف في بيئة مهنية متطورة.
🔗 للاستفسار والتقديم، اضغط على الرابط التالي: https://wp.me/p9udBr-DWy
🚢 شركة ناقلات قطر (Nakilat) تقدم فرص وظيفية مميزة للقطريين والمقيمين برواتب تصل إلى 22000 ريال قطري! 🌟 انضم إلى فريقنا الآن واستفد من هذه الفرصة الرائعة. مزيد من التفاصيل والتقديم عبر الرابط التالي: https://wp.me/p9udBr-DWy #وظائف_قطر
Nakilat Grows Profit in 2018
The company’s profit reached QAR 892 million during the period, compared to QAR 847 million reported in 2017. Excluding the 2017 one-off item, the 2018 net profit increased by 14%, the company said.
The key drivers of Nakilat’s stronger financial performance were the implementation of its long-term plans to diversify and seek new business opportunities with measured balanced risk. In addition, the company achieved positive results across its operations that exceeded planned expectations in 2018 through enhanced operational efficiency and cost effectiveness, Nakilat explained.
During the year, Nakilat expanded its fleet with the addition of two liquefied natural gas (LNG) carriers and acquired a major stake in its first floating storage regasification unit (FSRU).
“Complemented by strategic long-term agreements with well-established charterers and its own determination to operate sustainably, Nakilat has managed to maintain steady cashflow and generate positive value for its shareholders,” the company concluded.
Press Releases: Nakilat
Photo Courtesy: Nakilat
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Al-Sulaiti receiving the award from HE al-Sada and al-Kaabi. Rate Text Size: A A A Nakilat has achieved more than 37% Qatarisation, thus bagging the award for localisation at the recently held Energy and Industry sector 2017 annual Qatarisation review meeting. Nakilat was awarded in the ‘supporting Qatarisation’ category, for the company’s demonstration of successfully …
Qatar's Nakilat considering LNG tanker fuel refit
DOHA Oct 12 (Reuters) - Ship owner Qatar Gas Transport Co (Nakilat) said a decision on whether to convert 45 of its largest tankers to burn natural gas instead of oil "continues to be under consideration" but would not impact the company financially in any event.The company is about to approve a $1 billion overhaul of the tankers, prompted by an unexpected fall in natural gas prices compared with the price of oil in recent years, senior industry sources told Reuters last week .The work will take place between 2012 and 2015, the sources added. The tankers are designed to transport liquefied natural gas (LNG)."The decision on whether or not to refit the LNG fleet with engine capabilities to burn LNG fuels is an issue that has been and continues to be under consideration by Nakilat's charterers," the company said in a statement posted on the bourse website."To date the charterers have carried out a study addressing the availability of reliable technology and of the economics associated with using LNG fuel versus bunker fuel in the operation of the LNG vessels."If a decision is made to proceed with the refitting of some of the vessels, the charterers of those vessels will bear the full cost of this refit, with no financial impact to Nakilat," the statement said.Hire rates on LNG tankers have more than tripled to $115,000 per day compared with last year due to scarce availability. Sources say Qatar's plan to replace idle tonnage by hiring new vessels will exacerbate shortages and drive rental rates yet higher.Shipping brokers and analysts also say the refit program and consequent idling of Qatari tonnage will push day-rates on LNG carriers even higher.Several sources in Europe and the United States confirmed that LNG producer Qatargas was quietly looking to charter tankers in the second half of 2012, when refit work is expected to commence.